Business Travel, Meeting Costs to Rise in 2008

Business travel costs will continue to rise in 2008, according to the annual American Express Global Business Travel Forecast, which was released last week.
According to Mike Streit, vice president and global leader for American Express Business Travel Advisory Services, the average business trip (including airfare, car rental, and hotel stay) will cost $1,110 in 2008, 6 percent more than it did in 2007. International trips will increase by 7 percent to $3,171.
“Globally, three factors ...

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